vested

/V EH1 S T AH0 D/
verb
  1. 1

    To clothe with, or as with, a vestment, or garment; to dress; to robe; to cover, surround, or encompass closely.

  2. 2

    To clothe with authority, power, etc.; to put in possession; to invest; to furnish; to endow; followed by with and the thing conferred.

    โ€œto vest a court with power to try cases of life and deathโ€

  3. 3

    To place or give into the possession or discretion of some person or authority; to commit to another; with in before the possessor.

    โ€œThe power of life and death is vested in the king, or in the courts.โ€

  4. 4

    To invest; to put.

    โ€œto vest money in goods, land, or housesโ€

  5. 5

    To clothe with possession; also, to give a person an immediate fixed right of present or future enjoyment of.

    โ€œan estate is vested in possessionโ€

  6. 6

    (of an inheritance or a trust fund) To devolve upon the person currently entitled when a prior interest has ended.

    โ€œUpon the death of the Sovereign the Crown automatically vests in the next heir without the need of coronation or other formality.โ€

  7. 7

    (financial) To become vested, to become permanent.

    โ€œMy pension vests at the end of the month and then I can take it with me when I quit.โ€

adjective
  1. 1

    Settled, fixed or absolute, with no contingencies.

  2. 2

    Dressed or clothed, especially in vestments.

    โ€œThe Pope, vested in mitre and cope, is greeted by a newly created Cardinal.โ€

Source: https://en.wiktionary.org/wiki/vest, https://en.wiktionary.org/wiki/vested